JOURNAL OF BEIJING UNIVERSITY OF AERONAUTICS AND A ›› 2010, Vol. 23 ›› Issue (2): 36-40.

• 论文 • Previous Articles     Next Articles

A Legal Analysis on Finance Leasing Aircraft: A Case Study of East Star Airline

YU Dan   

  1. School of Law, Jilin University,Changchun 130012,China
  • Received:2010-03-31 Online:2010-03-25 Published:2010-05-10

Abstract:

Finance leasing is one of the most common methods for Chinese airlines to acquire aircraft. In this article, the contractual rights and obligations of finance lease are analyzed from the case of East Star Air. Airlines, especially the small and medium sized airlines are inclined to use the method of finance lease to acquire aircraft because of the unique functions and nature of the finance lease. However, this kind of transaction also puts airlines in the situation of multiple risks. For the contract can't be cancelled during the long contract period, so the breach of contract sometimes is fatal to airlines.

Key words: aircraft financial leasing, East Star Airline, finance leasing contract, risk

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